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Pryme N.V. Launches First Plant to Convert Plastic Waste into Pyrolysis Oil

Story Highlights
  • Pryme N.V. begins production at its Rotterdam plant, processing 26,000 tons annually.
  • The plant launch advances Pryme’s strategy in the cleantech industry and circular economy.
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Pryme N.V. Launches First Plant to Convert Plastic Waste into Pyrolysis Oil

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Pryme B.V. ( (DE:8XG0) ) just unveiled an announcement.

Pryme N.V. has commenced production at its first plant in the port of Rotterdam, which is expected to process about 26,000 tons of plastic waste annually. This development marks a significant step in Pryme’s strategy to scale its technology and enhance its position in the cleantech industry, potentially impacting stakeholders by advancing the circular plastic economy.

More about Pryme B.V.

Pryme N.V. is an innovative cleantech company specializing in converting plastic waste into pyrolysis oil through chemical recycling on an industrial scale. The company aims to contribute to a low-carbon circular plastic economy and plans to expand its technology through a broad portfolio of owned-operated plants with strategic partners. Pryme is listed on Euronext Growth Oslo.

YTD Price Performance: 27.74%

Average Trading Volume: 3,514

Current Market Cap: NOK294.7M

For a thorough assessment of 8XG0 stock, go to TipRanks’ Stock Analysis page.

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